March 18, 2009

Intraday View For 18/03/09

Nifty: Resistance 2777/2807/2828/2854
Support 2751/2725/2700

Nifty gave a big swing in a range of 2725-2800 & closed just above our support of 2751. View remains same as before, still we can hope for a small bounce upto 2800-2820 range where we can see fresh selling.
RELINFRA: Resis @ 478 , closing above it will lead to fresh rally upto 500+ zone with market. Support @ 459, below it we may see 435-425 zone, where we can accumulate it.
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